With 8.7% market share, Apple has 75% of cell phone profits


Source: Fortune
Location:
Apple, 1 Infinite Loop, Cupertino, CA, 95014, United States

As the iPhone's share of the market in terms of units shipped has grown from 3% in second quarter of 2010 to 8.7% last quarter, Apple's share of the profits has swelled from 39% to 75%. Only five of the top eight cellphone manufacturers are seeing any kind of profit at all in mobile telephony. Samsung, with a 16% profit share, comes closest to Apple. Nokia, Research in Motion, and HTC are just scraping by. Motorola, LG and Sony, which bought out Ericsson last month, are still in the red.

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